Exhibit 99.2

ANSOFT CORPORATION AMENDS STOCK REPURCHASE PROGRAM -
ADDITIONAL 1,000,000 SHARES AUTHORIZED FOR REPURCHASE

PITTSBURGH - September 16 -- Ansoft Corporation (NASDAQ: ANST) announced today
that its Board of Directors voted to amend its existing common stock repurchase
program to permit the Company to acquire an additional 1,000,000 shares of its
Common Stock. Under the original program approved in 1998, the Company has
purchased 937,000 of the 1,000,000 shares authorized for repurchase.

"The Board's actions endorse's our belief that the low price at which the
Company's common stock has recently traded does not reflect the true long-term
value of the Company," stated Nicholas Csendes, the Company's President and
Chief Executive Officer. "We believe an investment in our own stock will be
beneficial to the Company and its stockholders," continued Csendes.

The repurchases may be made, from time to time, in the open market or in
privately negotiated transactions and are subject to price and market
considerations, and applicable securities laws. The extent and timing of
repurchases will be at the discretion of management and will depend upon general
business and market conditions, stock prices and the Company's cash position and
requirements going forward.

Ansoft is a leading developer of high performance EDA software. Ansoft software
is used by electrical engineers to design state of the art technology products,
such as cellular phones, internet networking equipment, satellites, computer
chips and circuit boards, electronic sensors and electric motors. Ansoft markets
its products through its own direct worldwide sales force, and has comprehensive
customer support offices throughout North America, Asia and Europe.

This press release contains forward-looking statements that are made pursuant to
the safe harbor provisions of the Private Securities Litigation Act of 1995.
These forward looking statements involve risks and uncertainties about the
Company's business that are detailed from time to time in the Company's SEC
reports, including the reports on Form 10-K for the year ended April 30, 2002.